Powell(POWL) - 2024 Q2 - Earnings Call Transcript

Yes. And John, this is Mike. Good morning. To follow up on to Brett's comments, the major buyout in the projects business does introduce some choppiness across the quarterly landscapes for sure. But as we look at our backlog and we profile it out the next 12 months, typically, it is between 50% and 60% convertible over the next John Franzreb Brett Cope Well, one of the biggest contributors has been the leverage. And being this ramped-up, kind of, for your earlier question, I think that is one of the limitin ...